Webb Fontaine Group

Webb Fontaine goes east!

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In May 2015, Ethiopian Revenues and Customs Authority (ERCA) launched an international bid [EuropeAid/135382/IH/SER/ET] under the auspices of the Ministry of Finance to acquire an Electronic Customs Management System (eCMS) in replacement of the legacy ASYCUDA++ system, introduced thirteen years earlier by UNCTAD.

In July 2015, the Ministry of Finance of Ethiopia selected Webb Fontaine Holding (WFH) as the winning bidder among 10 different preselected vendors. The corresponding contract was signed in November 2015 by the Ministry of Finance and Economic Cooperation, ERCA, Webb Fontaine and was endorsed for financing by the Head of Cooperation, European Union, Addis Ababa.

This marked a new era for Webb Fontaine which, for the first time, stepped in East Africa to deploy its flagship product, now highly acclaimed Customs automation system: TradeWorldManager™ (TWM).

Project activities started in December 2015 and a pilot site is already in preparation for June 2016. The TWM system will operate in both Amharic and English languages and will automate all Customs processes including Transit facilities across the main corridors.

TWM rich client interface will be used within Customs while a revolutionary Webb Fontaine Trade Portal interface called Trade Point Manager will be used for traders to monitor their import and export processes and submit transactions online.

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GCC Customs Union settlement of duties and taxes to reach the Cloud

The Kingdom of Bahrain is a member of a Customs Union with other five countries in the region. These countries are Saudi Arabia, Kuwait, Qatar, United Arab Emirates and Oman. This Union is called the Gulf Cooperation Council (GCC). As part of this Customs Union each country is responsible for collection of customs duty upon entry of foreign-origin goods into its domain. This is called the First Entry Point. If these goods are subsequently dispatched (wholly or partially) to another GCC country (Destination Country) for consumption then it is the responsibility of the first GCC country through its national Customs administration to remit the duty to the destination GCC country. The remitted duty is proportional to the value of re-exported goods.

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E-Payment in Cote d’Ivoire

A presentation of the Electronic Payment facility that reinforces the effectiveness of the electronic Single Window for Trade was delivered at the Chamber of Commerce in Abidjan on July 7th, 2015.

The e-payment facility will be launched very shortly and will allow trade operators to undertake all payments related to foreign trade such as online payments of customs duties and taxes, payments related to the issuance of authorizations and licenses.

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